Market Forecast by Countries (United States, Canada), By Product Type (Ceiling Crystal Lights, Crystal Chandeliers, Others), By Applications (Commercial, Designer, Superior Residential) And Competitive Landscape
Product Code: ETC059178 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America crystal lighting market demand would continue to accelerate on account of factors such as an increasing number of hotels, restaurants and shopping malls, increasing preference for home décor lighting and an increase in consumer spending. Further, the other factors such as changes in consumer lifestyle, increasing exports, major lighting companies aggressive expansion and growing adoption of energy-efficient lighting solution. Additionally, higher prices of crystal lighting products are expected to impact its installation on the middle-income group segment hence, it can restrain the growth. In addition, the outbreak of coronavirus has impacted the manufacturing crystal lighting products and demand for crystal lightings products has been decreased.
According to 6Wresearch, North America Crystal Lighting Market size is projected to witness considerable growth during 2020-26. Currently, North America is expected to dominate the market during the forecasted period. Additionally, the United States has 116,000 malls and spends a large amount of money on lighting for decoration for creating a brighter and elegant atmosphere for visitors. In addition, North America also dominates the market countries like US, Canada, and Mexico with sufficient electricity have influenced the people for the adoption of various crystal chandeliers. Further Russia also holds a significant share and adopting energy-efficient crystal lighting more.
The commercial segment and residential segment both witnessed the maximum deployment of the crystal lighting market. This could be attributed to the fact that increasing infrastructure development especially, in metropolitan cities and an increase in the number of hotels in the region has driven the growth. Rising demand on various crystal lightings and decorative lightings will drive the growth in this segment. The residential sector is projected to have significant growth in CAGR because of the increasing number of luxury homes and an increase in the number of smart cities.
Some of the key players in the crystal lighting market are Swarovski/Schonbek, Baccarat, Osgona, Fiskars Group (Waterford), Riserva, Glow lighting, ArtGlass SRO, Asfour Crystal and Wranovsky.
The North America crystal lighting the market report thoroughly covers the market by product type, end-users, applications, and countries including United States, Mexico, Canada and the rest of North America. The North America crystal lighting market outlook report provides various trends in market development. The detailed analysis of the ongoing North America crystal lighting market drivers and challenges will help the companies to make strategy for the long term basis.
Markets Covered
The Market report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Crystal Lighting Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Crystal Lighting Market Revenues & Volume, 2020 & 2027F |
3.3 North America Crystal Lighting Market - Industry Life Cycle |
3.4 North America Crystal Lighting Market - Porter's Five Forces |
3.5 North America Crystal Lighting Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Crystal Lighting Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 North America Crystal Lighting Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 North America Crystal Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Crystal Lighting Market Trends |
6 North America Crystal Lighting Market, 2017 - 2027 |
6.1 North America Crystal Lighting Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.2 North America Crystal Lighting Market, Revenues & Volume, By Applications, 2017 - 2027 |
7 United States Crystal Lighting Market, 2017 - 2027 |
7.1 United States Crystal Lighting Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 United States Crystal Lighting Market, Revenues & Volume, By Applications, 2017 - 2027 |
8 Canada Crystal Lighting Market, 2017 - 2027 |
8.1 Canada Crystal Lighting Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 Canada Crystal Lighting Market, Revenues & Volume, By Applications, 2017 - 2027 |
9 North America Crystal Lighting Market Key Performance Indicators |
10 North America Crystal Lighting Market - Opportunity Assessment |
10.1 North America Crystal Lighting Market Opportunity Assessment, By Countries, 2020 & 2027F |
10.2 North America Crystal Lighting Market Opportunity Assessment, By Product Type, 2020 & 2027F |
10.3 North America Crystal Lighting Market Opportunity Assessment, By Applications, 2020 & 2027F |
11 North America Crystal Lighting Market - Competitive Landscape |
11.1 North America Crystal Lighting Market Revenue Share, By Companies, 2020 |
11.2 North America Crystal Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |